Greek 1883 1 Drachma
Greece
1883
Reference data compiled from public catalogs
Market Price Range
Based on 2 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$10.85
Based on Silver spot price ($80.83/oz) · 83.5% purity · 5g
Updated 7:46 PM
Collector premium not included
Specifications
| Country | Greece |
| Years Minted | 1883 |
| Composition | 83.5% silver |
| Weight | 5 g |
| Diameter | 30 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Head of King George I facing right.
Reverse
Crowned shield with the Greek coat of arms and the denomination.
History & Notable Facts
The 1883 Greek 1 Drachma was struck at the Paris Mint, a nod to Greece's dependence on foreign expertise for its currency production at the time.
That arrangement meant Greek coins often bore the mark of French engravers, who crafted the obverse with a profile of King George I, his features stern and unyielding. The reverse featured a simple wreath enclosing the denomination, all in .835 fine silver for durability in everyday use. These coins entered circulation amid Greece's efforts to stabilize its economy after years of turmoil.
Records of exact mintage figures have been lost, possibly in bureaucratic reshuffles of the era. What survives is the coin's role as a standard piece in the drachma series, valued for its intrinsic metal content.
One wonders if the French mint workers ever paused to consider how their creations would end up in the pockets of olive farmers rather than Parisian cafes.
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